Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
JUNE 16, 2021
Subject
SUBJECT: REAL ESTATE ACQUISITION, RELOCATION, AND PROPERTY MANAGEMENT BENCH
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
AUTHORIZE the Chief Executive Officer to:
A. APPROVE the establishment of 11 contract agreements for professional services under the Real Estate Acquisition, Relocation, and Property Management Bench, with the contractors recommended in Attachment "A-1" for a five-year base period ($85,000,000) with five, one-year options ($1,000,000 each), with a funding amount not to exceed cumulative total of $90,000,000, subject to resolution of protest(s) if any.
B. AWARD task orders within the approved not-to-exceed cumulative total value of $85,000,000.
Issue
ISSUE
The Los Angeles County Metropolitan Transportation Authority (LACMTA) Real Estate staff requires a bench contract for acquisition, relocation and property management services with eight (8) separate scopes: Project Management, Appraisal and Appraisal Review Services - Residential and Commercial, Acquisition/Negotiation Services (Owners and Tenants), Residential and Business Relocation Services, Quality Control, Title Review/Abstract Services, Escrow Coordination, Property Management and related services.
LACMTA has an on-going need for acquisition, relocation, and property management services in support of new transit and transportation projects, enhanced bus and rail operations, and a host of other administrative and transportation improvements.
Major transportation projects include:
1. Westside Purple Line Subway Extension Section III
2. Link Union Station
3. Eastside Transit Corridor Phase 2
4. Sepulveda Transit Corridor
5. West Santa Ana Branch Transit Corridor
6. Orange Line Bus Rapid Transit Improvement
7. East San Fernando Valley Transit Corridor
and other miscellaneous projects including bus, rail, and highway projects (projects).
These projects will be designed and c...
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